Prospects of Zacks Transportation - Rail industry’s participants are being weighed down by challenges like inflation-induced elevated interest rates, concerns pertaining to supply-chain disruptions...
Norfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad
The flurry of contract agreements announced early this fall — including two more Wednesday — offer evidence that major railroads and their unions are working to avoid the standoffs that led them to...
The third-quarter earnings picture for the transportation sector has been unimpressive. Earnings of the sector declined 0.1% on a 3.5% revenue decline. The earnings and revenue beat ratios came in at 72.7%...
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week they should spend no more than a minute looking at each car
Delta Air Lines’ DAL contribution to sustainability is commendable. The company has an encouraging track record for expansion and shareholder-friendly initiatives. However, DAL is grappling with elevated...
The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads
Sameh Fahmy, a director at Norfolk Southern Corp ($NSC), bought 1,000 shares of the company on 10-24-2024. We received data on the trade from a recent SEC filing. This increased their holdings by approximately...
Canadian Pacific Kansas City’s CP third-quarter 2024 earnings (excluding 7 cents from non-recurring items) of 73 cents per share marginally missed the Zacks Consensus Estimate of 74 cents. However, the...
Union Pacific Corporation’s UNP third-quarter 2024 earnings of $2.75 per share marginally missed the Zacks Consensus Estimate of $2.76 per share. However, the bottom line improved 9.6% on a year-over-year...